The state government’s $337 million WA Residential Battery Scheme opens today (1 July), allowing Western Australians to apply to purchase a battery with a rebate and, if eligible, apply for a loan to help with the cost of installation.
Customers can choose from a list of accredited battery retailers and approved products.
The scheme offers no-interest loans of up to $10,000 for households earning a combined annual income of less than $210,000. Loan terms of up to 10 years will be available.
Synergy customers may receive rebates of up to $5,000 and Horizon Power customers may be eligible for rebates up to $7,500 when they install a battery.
The government says WA households could save up to $1,500 annually by combining battery storage with rooftop solar.
An estimated 100,000 households are poised to benefit from combined state and federal programs.
The WA Residential Battery Scheme, together with the Australian Government’s $2.3 billion Cheaper Home Batteries Program, will expand access, enabling up to five times more households to participate than initially planned under the state scheme alone.
Consumers can make applications for rebates and loans through their battery retailer. The application process will be managed by Plenti, which was appointed as the Scheme Administrator by the state government.
The scheme requires households to join a Virtual Power Plant, which allows stored electricity to be shared to support the electricity system. This collective energy helps stabilise the grid and delivers wider benefits across the community.
Write to Adam Orlando at Mining.com.au
Images: WA Government
